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{{propApi.successMessage}} {{region}} Change locationHome building heats up in Tassie
Home building heats up in Tassie
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Tasmania’s top builders delivered a remarkable 57.8 per cent increase in new home starts compared to 2023/24.
“This is a fantastic result for Tasmania, with a pickup in home building activity expected as interest rates are cut and buyers return to market,” said Benjamin Price, HIA Executive Director Tasmania.
“The top five Tasmanian home builders commenced 625 new homes across the state in 2024/25, up from 398 the previous year.
“That’s a 26 per cent market share by the top five builders for Tasmanian housing starts – a clear sign of confidence and capability among our leading builders.”
Among the Housing 100 builders contributing to Tasmania’s strong performance were:
- Wilson Homes (NEX Building Group)
- SJM Property Developments
- Construct Creative Pty Ltd
- Hotondo Building Pty Ltd (franchise)
- Cavalier Homes (franchise)
“These builders have played a key role in lifting Tasmania’s housing activity and meeting the needs of Tasmania’s growing communities,” Mr Price added.
“Their commitment to quality and delivery is helping to shape the future of housing in our state.
“It also provides employment opportunities for young Tasmanians looking to get into the industry and carve a viable and attractive career pathway.
The Housing 100 Report, sponsored by Colorbond® steel, ranks Australia’s largest residential builders by the number of home starts each year.
Nationally, the report shows a strong rebound in building activity, with 64,407 homes commenced by the top 100 builders in the country – an 11 per cent increase on the previous year.
“With interest rates easing, population growth continuing, and construction costs stabilising, the outlook for home building in Tasmania is positive.
“We expect this momentum to continue as builders respond to the needs of Tasmanian families and our growing communities,” Mr Price said.
For copies of the publication (media only) contact Kirsten Lewis on k.lewis@hia.com.au
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Home building heats up in Tassie
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